Can I trade with an ASIC broker if I live in Europe?

If a broker does not agree to board you under a highly regulated body like FCA, ASIC or CySec, if you live in the regulatory jurisdiction, run away from that broker.
Always ask for an STP/ECN account as a trader with the broker.
In unregulated jurisdictions, chances are your trades are executed on the brokers dealing desk, not via a liquidity provider.
In such case, there is a conflict of interest between you and the broker.
 
Always do some research before selecting a broker. Also, brokers should be reliable and top-rated in the market.
 
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